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Okato, 2502 South Road

Stony River B&B For Sale

$350,000 Plus GST (if any) + SAV

Listing Number: NP7309
About this listing
The Stony River Hotel is situated on the Surf Highway Taranaki between Okato and Opunake. This commanding corner location on State Highway 45 is popular with international guests and is the coastal local.
The current owners have brought this former Stoney Hotel back to life with extensive alterations throughout the premises. Connected to the main hotel is the onsite owners two bedroom residence with garaging.
Accommodation provides seven boutique ensuite rooms which can accommodate up to 18 guests.
The restaurant has a capacity for 50 guests and extends into the lounge area to accommodate a further 20 guests. A large spacious kitchen provides good open plan working space and access to the café restaurant.
Parking is excellent with both onsite and roadside parking providing the ability to support large functions. The external garden bar area and yard has a liquor license over the total area.
An exciting exterior is a mobile coffee trailer providing additional income and great advertising exposure.

This is a must to inspect, and now is the perfect time to secure the Stoney River B&B before the highs of summer and the Christmas trade.

Inspection by appointment only with owners Agent.

For Sale: $350,000 plus SAV + GST
Property Information
  • Business Name: Stony River
  • Property Type: Restaurant / Cafe, Other (Hospitality)
  • Turnover $: Turnover: $506,173, Per: Annum
  • Lease details
    • Rent $: 25,000
  • Number of staff
    • Full time: 3
    • Part time: 4
  • Opposition: Nil
  • Listing price details
    • Total (plus GST if applicable) $: 350,000 + SAV
    • Vehicles $: 14,000 (trailer)
    • Tangible assets $: 126000
    • Intangible assets $: 200000
    • Stock $: 10000

Contact Details

Harcourts New Plymouth

Team Taranaki Ltd

Licensed REAA 2008

51 Devon St West
New Plymouth
Office website

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